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Freeport-McMoRan Inc's account receivable for the three months ended in Jun. 2016 was $796 Mil. Freeport-McMoRan Inc's revenue for the three months ended in Jun. 2016 was $3,334 Mil. Hence, Freeport-McMoRan Inc's days sales outstanding for the three months ended in Jun. 2016 was 21.79.
During the past 13 years, Freeport-McMoRan Inc's highest Days Sales Outstanding was 44.75. The lowest was 12.33. And the median was 25.32.
Freeport-McMoRan Inc's days sales outstanding declined from Jun. 2015 (52.65) to Jun. 2016 (21.79).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Freeport-McMoRan Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Freeport-McMoRan Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Freeport-McMoRan Inc Annual Data
Freeport-McMoRan Inc Quarterly Data